Program Overview

Program Overview

The Financial Economic Crime-Risk Expert (FEC-Risk Expert) program is designed for professionals working in the financial sector who wish to specialize in combating financial economic crime. This one-year part-time program provides in-depth knowledge of the Wwft, AML-R, transaction monitoring, fraud detection, on- and offboarding processes, the use of AI, and dealing with investigations from the FIU, AFM, DNB, or the Public Prosecution Service.

Program Details

• Duration: 1 year (part-time)
• Study Load: Approximately 15 hours per month
• Lectures: Two lectures of 2 hours, every other week on Monday afternoons and evenings
• Costs: €11,250
• Language: Dutch
• Certificate: VU certificate upon completion
• Accreditation: DSI Accredited program

What Makes This Program Unique

• Multidisciplinary approach
• Teaches understanding of client psychology
• Based on case studies
• Strong focus on soft skills in addition to theory
• Prepares students for both internal and external expert roles
• Enhances skills for conversations with regulatory bodies
• Makes students future-proof; from analyst to expert

Target Audience

This program is designed for professionals in the financial domain who want to specialize in combating financial economic crime. It is suitable for bank employees, compliance officers, legal advisors, and other professionals involved in client research, risk assessment, and the implementation of anti-money laundering measures.

Choosing the Right FEC Program

The VU offers two programs in the field of preventing financial economic crime, each with its own focus:

• FEC-Risk Expert: Focuses on KYC/CDD analysts, FEC experts, and managers in the financial sector who want to deepen their knowledge in all aspects of the Wwft and the Sanctions Act, with a central focus on risk management. Topics such as money laundering (AML), client research (KYC/CDD), transaction monitoring, and sanctions are key subjects.
• FEC-Criminal Law: Specifically for lawyers, jurists, and others who have or aspire to broader FEC responsibilities and want to specialize in financial economic crime, such as money laundering, corruption, and environmental offenses.

Program Structure

The FEC-Risk Expert program is structured to provide a comprehensive understanding of financial economic crime and risk management. It includes modules on:

• Wwft and AML-R
• Transaction monitoring and fraud detection
• On- and offboarding processes
• The use of AI in risk management
• Dealing with investigations from regulatory bodies

Career Opportunities

Upon completion of the program, graduates can work as KYC specialists, AML specialists, or in other roles related to financial economic crime prevention and risk management. The program prepares students for expert roles within financial institutions, regulatory bodies, or as consultants. NA